Anddddddd, Awayyyyyy We Goooooooooooooooooooo!
:41:MoneyNVRSleeps— MoneyNVRSleeps2020 System | Myfxbook
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Leg0nd— RVAAnalysis System | Myfxbook
Will be making my new fxbook tonight and transferring over my monies! The mini comp begins xD
Hey Bro, good stuff…
Like I said, use your edge, just adjust the way You use it.
I have a feeling this is going to be a popular thread, so use it as a learning tool, and lets make it happen.
Im in it to win it, this is the start of something that is going to be special,
Right you are. We are already quite popular xD. For valid reason I imagine. I can wait. At lest this first month I am going to be keeping the same style while I work on a scalping method. Have had a few losing trades over the past few week… But I still have a pretty high accuracy, let’s see if it stays that way. Or better yet improved xD
I use this set-up to find the broader current trend. they are called Renko blocks, and I use a 12 pip block. So each block represents 12 pips, and I found that number by using the recent Range overall. ( range to me is stagnate price movement, with 5 highs and 5 lows in the same channel).
The most important aspect of Forex ( in my eyes) is Momentum. I dont find it necessary to trade many pairs, but find it necessary to see how they measure up to one another. The “push and Pull” power has to be acknowledged. You need to define the direction, the gas, the players, and the Wall. Where could it go? How much gas does it have? How will the other pairs tear down the momentum?
Now, using the 12 Brick Renko, This is done each morning, Or when there is strong consolidation periods.
Heiken Ashi is the best chart ,any of you guys trading gold ?
no, im under the impression USA citizens are not allowed to, never looked into tho, i have no interest in it
[QUOTE=“MoneyNVRSleeps;617907”] no, im under the impression USA citizens are not allowed to, never looked into tho, i have no interest in it[/QUOTE] much more pips to be made trading gold ,xauusd moves hundreds of pips daily
[QUOTE=“Libertysilver;617909”] much more pips to be made trading gold ,xauusd moves hundreds of pips daily[/QUOTE]
Much more capital involved, and much more risk. Timing is even more critical. Been kinda silent money, but I will be back in a bit. Will have to give me a heads up on the renko chart. I have done research on it a while back, but for whatever reason I haven’t found one compatible with my mt4 from Oanda?
I finally found a decent version… It runs perfectly, FINALLY… Went thru about 30 different downloads to find this one.
But so far, probably 2 weeks, it has been flawless, other then the Oanda Freeze… Updates properly, a tadddd bit of lag when the price moves fast, but I expect that, simply because the PC has to draw the boxes and all that jazz…
I always liked Renko, but always got tired of looking for a decent one… Now, I cant remember where I got it, lol…
When you figure out the name of it or where to find it hit me up xD. Renko is very hard to find. Probably for good reason
HEY Libertysilver , I owe you an apology, I mixed you up with butterfly dude, yep im in gold ,yep I use HA just to show my setup on "go markets"here
s a pic of daily gold cheers Q
[QUOTE=“Leg0nd;617916”] Much more capital involved, and much more risk. Timing is even more critical. Been kinda silent money, but I will be back in a bit. Will have to give me a heads up on the renko chart. I have done research on it a while back, but for whatever reason I haven’t found one compatible with my mt4 from Oanda?[/QUOTE]
Spread is not that big like most exotic pairs
And if you trade proper you can limit your risk even with small capital , you trade oanda im pretty sure they require large amount of capital to open certain trades you should consider opening a spread betting account that allows you max leverage 1:400 and use 1:200 with small capital and you will make more profit just as long as you trade with proper risk managment becuase I have a account with fxcm and they are very similar to oanda You have trade on margin rather than leverage and it’s much harder to make money with small capital on margin . I have multiple accounts with 2 brokers one account on margin and 2 accounts with leverage . Makes a big difference
[QUOTE=“Qed;617925”]HEY Libertysilver , I owe you an apology, I mixed you up with butterfly dude, yep im in gold ,yep I use HA just to show my setup on "go markets"here<img src=“301 Moved Permanently”/>s a pic of daily gold cheers Q[/QUOTE]
All good man I think you posted on one of my threads like last moth about trading oil and gold ?
yeh , I got tied up for a bit , play around a bit with mt4 u should be able to overlay HA candles over top of ordinary candles and you should be able to pick out a blue HA body inside a red candle for shorts (with trend) ot a red HA body inside a greeen ordinary candle for longs , suits any time frame but daily is best but boring LOL (trading not meant to be exciting ) cheers Q
Well, looks like its just me, *shruggs Challenge with myself, story of my life, HAHA
Finished with 3.33% gain, had to wait for the news to pass today, then got a couple trades in…
Good start, and 333 is actually a weird number in my life, so that also was odd, might be a good thing…
I have another micro account that i have been working on, and whacked out 80% gain in 8 days, so averaged 10% a day, again, not to bad…
See ya next week, have a great weekend, Im outttta here…!!!